Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Westminster, CO
This week the median list price for Westminster, CO is $709,949 with the market action index hovering around 96. This is an increase over last month's market action index of 94. Inventory has decreased to 12.
Real-Time Market Profile Median List Price
$709,949
Market Action Index
Median Price of New Listings
$485,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$226
Average Days on Market
27
Median Days on Market
32
Price Decreased
8%
Price Increased
17%
Relisted
0%
Inventory
12
Median Rent
$2,399
Market Action
96
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
96
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$882,160
4,046
0.25 - 0.5 acre
4
4
4
0
1
42
$722,290
3,246
6,500 - 8,000 sqft
4
3
25
0
0
42
$500,000
2,376
6,500 - 8,000 sqft
3
2
43
2
3
0
$405,000
1,810
6,500 - 8,000 sqft
3
2
51
3
4
0
Tue Jan 04 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Westminster, CO
Median List Price
Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift. $900K
$800K
$700K
$600K
$500K
$400K Jan 2019
May 2019
Sep 2019
Jan 2020
May 2020
7-Day Average
Sep 2020
Jan 2021
May 2021
Sep 2021
Dec 2021
90-Day Average
Segments
Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $1.5M
$1.3M
$1.0M
$750K
$500K
$250K Jan 2019
May 2019
Sep 2019
Top 90-Day
Jan 2020
May 2020
Upper 90-Day
Sep 2020
Lower 90-Day
Tue Jan 04 2022
Jan 2021
May 2021
Sep 2021
Dec 2021
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Westminster, CO
Price Per Square Foot
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $250
$225
$200
$175
$150 Jan 2019
May 2019
Sep 2019
Jan 2020
May 2020
7-Day Average
Sep 2020
Jan 2021
May 2021
Sep 2021
Dec 2021
90-Day Average
Inventory
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply. 200
150
100
50
0 Jan 2019
May 2019
Sep 2019
Jan 2020
May 2020
7-Day Average
Sep 2020
Jan 2021
May 2021
Sep 2021
Dec 2021
90-Day Average
Tue Jan 04 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Westminster, CO
Market Action Index
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist. 120
100
80
60
40
20 Jan 2019
May 2019
Sep 2019
Jan 2020
May 2020
7-Day Average
Sep 2020
Jan 2021
May 2021
Sep 2021
Dec 2021
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Jan 2019
May 2019
Sep 2019
Top 90-Day
Jan 2020
May 2020
Upper 90-Day
Sep 2020
Lower 90-Day
Tue Jan 04 2022
Jan 2021
May 2021
Sep 2021
Dec 2021
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Westminster, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 31 days. Half of the listings have come newly on the market in the past 15 or so days. Watch the 90-day DOM trend for signals of a changing market. 125
100
75
50
25
0 Jan 2019
May 2019
Sep 2019
Jan 2020
May 2020
7-Day Average
Sep 2020
Jan 2021
May 2021
Sep 2021
Dec 2021
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 150
125
100
75
50
25
0 Jan 2019
May 2019
Sep 2019
Top 90-Day
Jan 2020
May 2020
Upper 90-Day
Sep 2020
Lower 90-Day
Tue Jan 04 2022
Jan 2021
May 2021
Sep 2021
Dec 2021
Bottom 90-Day
6 of 6
11288 Ranch Pl, Westminster, CO 80234-2627, Adams County Beds 3
Baths 4
Sale Price $182,000
Sale Date 11/27/1996
Bldg Sq Ft 2,958
Lot Sq Ft 7,314
Yr Built 1983
Type SFR
OWNER INFORMATION
Owner Name
Medina Leroy O
Mailing Zip
80234
Owner Name 2
Medina Joy E
Mailing ZIP 4
2627
Mailing Address
11288 Ranch Pl
Mailing Carrier Route
C089
Mailing City & State
Westminster, CO
Owner Occupied
Yes
Property Zip
80234
Census Tract
93.25
Property Zip4
2627
Neighborhood Code
Westminster - North-240
Property Carrier Route
C089
Township
02S
School District
Adams 12 5 Star Schl
Range
68W
Elementary School
Cotton Creek
Section
04
Middle School
Silver Hills
Quarter
SE
High School
Mountain Range
Block
5
Subdivision
The Ranch Filing 3
Lot
19
PIN
R0031589
% Improved
70%
Alternate PIN
1719-04-3-08-005
Tax District
158
Schedule Number
R0031589
Legal Description
SUB:THE RANCH FILING NO 3 BL K:5 LOT:19
LOCATION INFORMATION
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021 - Preliminary
2020
2019
2018
Market Value - Land
$141,000
$141,000
$141,000
$138,000
Market Value - Improved
$338,744
$331,622
$331,622
$267,324
Market Value - Total
$479,744
$472,622
$472,622
$405,324
Assessed Value - Land
$10,080
$10,080
$10,080
$9,940
Assessed Value - Improved
$24,220
$23,710
$23,710
$19,250
Assessed Value - Total
$34,300
$33,790
$33,790
$29,190
YOY Assessed Change (%)
1.51%
0%
15.76%
YOY Assessed Change ($)
$510
$0
$4,600
Tax Year
Total Tax
Change ($)
Change (%)
2018
$3,218
2019 2020
$3,604
$385
11.97%
$3,597
-$7
-0.19%
CHARACTERISTICS
Lot Frontage
69
Total Rooms
7
Lot Depth
106
Bedrooms
3
Lot Acres
0.1679
Baths - Total
4
Lot Sq Ft
7,314
Baths - Full
3
Land Use - County
Single Family Resid
Baths - Half
1
Land Use - CoreLogic
SFR
Stories
2
Building Type
Residential
Fireplace
Y
Year Built
1983
Fireplaces
1
Bldg Sq Ft - Above Ground
2,213
Cooling Type
Central
Bldg Sq Ft - Basement
1,083
Heat Type
Forced Air
Bldg Sq Ft - Finished Basement
745
Garage Type
Attached Garage
Bldg Sq Ft - Unfinished Basement
338
Garage Sq Ft
520
Bldg Sq Ft - Total
3,296
Roof Material
Wood Shake
Bldg Sq Ft - Finished
2,958
Construction
Frame
Bldg Sq Ft - 1st Floor
1,083
Exterior
Frame/Masonry
Bldg Sq Ft - 2nd Floor
1,130
Quality
Good
Basement Type
Finished
Equipment
Whe, Ssk, Whe
Property Details
Courtesy of Leolani Kaan, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 01/04/22 Page 1/3
# Buildings
1
FEATURES
Feature Type
Size/Qty
Attached
520
Sink Bathroom
1
Water Heater
1
Allowance
1
Laundry Facility
1
Bath 2
1
Bath 3
1
Bath 4
2
Finished
745
Open Slab
120
Building Description
Building Size
Single Family
1
SELL SCORE
Rating
Low
Sell Score
468
Value As Of
2022-01-02 03:35:52
LAST MARKET SALE & SALES HISTORY
Sale Date
11/27/1996
Deed Type
Warranty Deed
Sale Price
$182,000
Owner Name
Medina Leroy O
Price per SqFt - Finished
$61.53
Owner Name 2
Medina Joy E
Document Number
4896-258
Seller
Tomlinson Peggy S
Sale Type
Full
Sale Date
11/27/1996
Sale Price
$182,000
01/03/1994
Nominal
08/31/1989 $143,000
$159,000
Tomlinson Peggy S
Tomlinson Richie G
Farley Lyn R
Y
Buyer
Medina Leroy O & Joy E
Buyer
Medina Joy E
Seller
Tomlinson Peggy S
Tomlinson Richie G & Pegg yS
Farley Lyn R
Welty Michael K
Document Number
4896-258
4237-827
3598-967
3015-723
Document Type
Warranty Deed
Quit Claim Deed
Warranty Deed
Warranty Deed
MORTGAGE HISTORY
Mortgage Date
06/03/2013
06/03/2013
10/25/2010
04/10/2008
01/21/2003
Mortgage Amount
$75,000
$117,358
$157,050
$181,500
$211,000
Mortgage Lender
Credit Union/Denver
Credit Union/Denver
Crossline Cap Inc
Countrywide Bk Fsb
Loancity.com
Borrower
Medina Leroy O
Medina Leroy O
Medina Leroy O
Medina Leroy O
Medina Leroy O
Borrower
Medina Joy E
Medina Joy E
Medina Joy E
Medina Joy E
Medina Joy E
Mortgage Type
Conventional
Conventional
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
Refi
Refi
Refi
Refi
Mortgage Int Rate Type
Adjustable Int Rate Loa n
Mortgage Term
20
7
10
15
30
Mortgage Term
Years
Years
Years
Years
Years
Other
Security Title Guaranty Co
Fixed Rate Loan
Title Company
Mortgage Date
05/06/1999
04/28/1999
10/23/1998
Mortgage Amount
$23,000
$184,000
$32,000
Mortgage Lender
Premier Mtg Grp
Premier Mtg Grp
Bellco First Fcu
Borrower
Medina Leroy O
Medina Leroy O
Medina Leroy O
Borrower
Medina Joy E
Medina Joy E
Medina Joy E
Mortgage Type
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
Refi
Refi
Mortgage Int Rate Type Mortgage Term
Property Details
Courtesy of Leolani Kaan, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 01/04/22 Page 2/3
Mortgage Term Title Company
North American Title
North American Title
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Leolani Kaan, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 01/04/22 Page 3/3
Broker 1 Page 11265 Quivas Loop, Westminster, CO 80234 (Status: Closed, Listing ID: IR940153) Close Price: $635,000 County: Adams List Price: $625,000 Property Type: Residential Original List Price: $675,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1981 Subdivision Name: The Ranch Listing Contract Date: 05/13/2021 Purchase Contract Date: 08/02/2021 Contingency: Close Date (DIM): 08/27/2021 Days In MLS: 82 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $290.00 Tax Annual Amt: $3,981 Tax Year: 2020 Tax Legal Desc: SUB:THE RANCH FILING NO 1 A REPLAT OF BLK:4 LOT:7 Interior Area & SqFt 3,640 Living Area (SqFt Finished): 3,453 Above Grade Finished Area: 2,184 1,456 Below Grade Finished Area: 1,269 Below Grade Unfinished Area: 187 PSF Finished: $184 PSF Above Grade: $291 Bsmnt Ceiling Ht: Fireplace: Family Room
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Full Foundation: Slab Heating: Forced Air Cooling: Ceiling Fan(s), Central Air HVAC Description: Central Air Conditioning, Interior Features: Eat-in Kitchen, Five Piece Bath, Jet Action Tub, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Wood Exclusions: Staging furniture and accessories Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: Association Information Assoc 1 Fee/Frequency: $290.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves Assoc Amenities: Park Senior Community: Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.20 Acres / 8,634 SqFt Waterfront Feat: Lot Features: Level, Sprinklers In Front Elementary School: Cotton Creek / Adams 12 5 Star Schl Bldg/Complex Name: Middle/Junior Sch: Silver Hills / High School: Mountain Range / Adams 12 5 Star Schl Building & Water Information Direction Faces: Southwest View: Construction Materials: Brick, Wood Frame, Wood Siding Roof: Composition Exterior Features: Dog Run Water Included: Water Source: Public Sewer: Public Remarks Unique opportunity in The Ranch of Westminster a premier and mature neighborhood surrounded by The Ranch Country Club; a private and world class facility. Heaps of potential. Modern, flowing floorplan. Wood floors on main level, expansive formal living and dining room with bank of windows. Granite clad kitchen, gas range, eat-in space wraps around to a family room with soaring ceilings, fp, surrou... Confidential Information Private Remarks: BACK ON MARKET due to Buyer deciding the home wasn't a right fit. No inspection conducted. Seller will not make any repairs. Property being sold AS-IS, WHERE-IS. Seller has never lived in the property. West guest bedroom upstairs had a murphy bed that was removed and the floor has been patched. Buyer Agency Comp: 2.80% Dual Variable: Submitted Prosp: No Transaction Broker Comp: 2.80%
List Agent: Lenny Maiocco List Office: RE/MAX Alliance-Lafayette Email:
lenny.maiocco@remax.net
Buyer Agent: CO-OP Non-IRES Agent Buyer Office: CO-OP Non-IRES Email:
info@ires-net.com
Concessions: Buyer Financing:
List Agent Phone: 720-201-1114 Mobile: 720-201-1114 Buyer Agent Phone: 970-593-9002 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © IRES LLC 2022.
Generated on: 01/04/2022 1:51:58 PM
Full Property View
11265 Quivas Loop, Westminster, CO 80234
----
$635,000 - Closed
1759 W 113th Avenue Lot 33, Westminster, CO 80234 (Status: Closed, Listing ID: 6485369) Close Price: $640,000 County: Adams List Price: $625,000 Property Type: Residential Original List Price: $625,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1984 Subdivision Name: The Ranch Listing Contract Date: 07/07/2021 Purchase Contract Date: 07/14/2021 Contingency: None Known Close Date (DIM): 07/30/2021 Days In MLS: 7 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $300.00 Tax Annual Amt: $3,716 Tax Year: 2020 Tax Legal Desc: SUB:THE RANCH FILING NO 3 BLK:2 LOT:33 Interior Area & SqFt 3,185 Living Area (SqFt Finished): 2,961 Above Grade Finished Area: 2,069 1,116 Below Grade Finished Area: 892 Below Grade Unfinished Area: 224 $201 PSF Finished: $216 PSF Above Grade: $309 Bsmnt Ceiling Ht: Fireplace: 2/Family Room, Gas, Gas Log
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Finished Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Master Suite, Vaulted Ceiling(s) Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Refrigerator Flooring: Carpet, Wood Exclusions: Seller's personal property & staging items Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $300.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds Assoc Amenities: Senior Community: No Restriction Covenants: Deed Pets Allowed: Rentals Allowed: Restrictions Site & Location Information Lot Size: 0.17 Acres / 7,405 SqFt Waterfront Feat: Lot Features: Sprinklers In Front, Sprinklers In Rear Elementary School: Cotton Creek / Adams 12 5 Star Schl Bldg/Complex Name: Middle/Junior Sch: Silver Hills / Adams 12 5 Star Schl High School: Mountain Range / Adams 12 5 Star Schl Building & Water Information Construction Materials: Brick, Cedar, Frame Roof: Composition Exterior Features: Balcony Water Included: Yes Water Source: Sewer: Public Remarks This big, beautiful two-story w/ full walkout in The Ranch boasts amazing new outdoor living spaces on all 3 levels and is also the best deal in the neighborhood w/ almost $100K in crucial updates made over the past two years. Close to Denver, Boulder, Broomfield, DIA & both the Orchard and Flatirons Malls, The Ranch is an ideal location w/ a true community feel like very few others. Neighbors sti... Confidential Information Private Remarks: With over $100K worth of the most critical updates made in the past year to 5 years, the Sellers have updated this home even further in the past week to ensure that everything it really needs has already been done. $25K in two new decks, $60K in brand new energy-efficient windows and new siding, paint, carpet, HVAC, $50K in new bathrooms: this place is literally a STEAL relative to the recent com Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Stuart Galvis List Office: Keller Williams Realty Downtown LLC Email:
stugalvis@kw.com
Buyer Agent: Mike Malec Buyer Office: RE/MAX of Boulder Email:
Mike@ColoradoHomesAndRealEstate.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 720-441-4815 Mobile: 303-746-0655 Buyer Agent Phone: 303-588-5716 Mobile: 303-588-5716 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/04/2022 1:51:58 PM
Full Property View
1759 W 113th Avenue, Westminster, CO 80234
----
$640,000 - Closed
11205 Raritan Street, Westminster, CO 80234 (Status: Closed, Listing ID: 8022546) Close Price: $750,000 County: Adams List Price: $750,000 Property Type: Residential Original List Price: $800,000 Property Subtype: Single Family Residence Levels: Multi/Split Basement: Yes Structure Type: House Year Built: 1983 Subdivision Name: The Ranch Listing Contract Date: 08/04/2021 Purchase Contract Date: 10/12/2021 Contingency: None Known Close Date (DIM): 11/05/2021 Days In MLS: 69 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $290.00 Tax Annual Amt: $4,586 Tax Year: 2020 Tax Legal Desc: SUB:THE RANCH FILING NO 3 BLK:1 LOT:45 Interior Area & SqFt Building Area Total (SqFt Total): 3,630 Living Area (SqFt Finished): 2,829 Above Grade Finished Area: 2,829 Below Grade Total Area: 801 Below Grade Finished Area: 0 Below Grade Unfinished Area: 801 PSF Total: $207 PSF Finished: $265 PSF Above Grade: $265 Basement: Daylight, Unfinished Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 1/Family Room, Gas, Gas Log Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Eat-in Kitchen, Five Piece Bath, Master Suite, Open Floorplan, Quartz Counters, Walk-In Closet(s) Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer Flooring: Cork, Tile, Wood Exclusions: Seller's personal property. All furnishing are negotiable Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $290.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Commercial Pets Allowed: Cats OK, Dogs OK, Yes Rentals Allowed: Long Term Vehicle Restrictions Site & Location Information Lot Size: 0.23 Acres / 9,900 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Cotton Creek / Adams 12 5 Star Schl Bldg/Complex Name: Middle/Junior Sch: Silver Hills / Adams 12 5 Star Schl High School: Mountain Range / Adams 12 5 Star Schl Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Brick, Frame Roof: Composition, Wood Exterior Features: Balcony, Garden Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Fall in love with this newly updated custom home in The Ranch Golf Course Community. This beautiful corner lot custom home is sure to wow. Step in to beautiful granite topped half wall upon front door entry and an open concept design with vaulted ceilings in kitchen, dining and living area overlooking an additional vaulted ceiling family room creating an abundance of natural light. Tasteful custom... Confidential Information Private Remarks: Agent to follow all current COVID guidelines. Seller reserves the right to accept offer at any time. Seller prefers 60 day post occupancy. Showings start Friday August 6th. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%
List Agent: Brandi Harvey List Office: BSW Real Estate, LLC Email:
Brandi@bswrealestate.com
Buyer Agent: Janie Halaba Buyer Office: Keller Williams Realty Urban Elite Email:
janie.halaba@kw.com
Concessions: Buyer Closing Costs/Seller Points Paid, $4000 Buyer Financing: Conventional
List Agent Phone: 720-662-4900 Mobile: 720-662-4900 Buyer Agent Phone: 720-838-5511 Mobile: 720-838-5511 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/04/2022 1:51:59 PM
Full Property View
11205 Raritan Street, Westminster, CO 80234
----
$750,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 01/04/2022 to 07/08/2021 Latitude, Longitude is within 0.25 mi of
11288 Ranch Pl, Westminster, CO 80234, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 10 Properties have been discarded.
Residential Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
Westminster
5
4
2,184
3,640
3,453
08/27/21
$291
6485369 1759 W 113th AVE
Westminster
4
4
2,069
3,185
2,961
07/30/21
$309
$201
8022546 11205 Raritan ST
Westminster
5
3
2,829
3,630
2,829
11/05/21
$265
Averages:
2,361
3,485
3,081
$288
Listing ID Address
City
IR940153 11265 Quivas LOOP
Count: 3
Closed Price:
Report Totals
Presented By: Leolani Kaan Generated on: 01/04/2022
Count : 3
Averages:
High $750,000
SqFt Abv 2,361
SqFt Ttl 3,485
PSF Ttl
$184
PSF Abv $ 288
List Price Close Price
CP/OLP
82
675,000
$625,000 $635,000
94%
$216
7
625,000
$625,000 $640,000
102%
$207
$265
800,000
$750,000 $750,000
94%
$204
$222
69 53
$700,000
$666,667 $675,000
97%
Orig Price $700,000
List Price Close Price $666,667 $675,000
CP/OLP 97 %
Low $635,000 Sqft Fin 3,081
PSF Fin DIM Orig Price
Median $640,000 PSF Ttl
$204
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $222
CMA 1-Line Page 1 of 1
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ Fair market value attracts buyers, overpricing never does. ☐ The first two weeks of marketing are crucial. ☐ The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
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TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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